The Australian Government will review the Greenhouse and Energy Minimum Standards Act 2012 (GEMS Act) to ensure that it remains appropriate and effective. This is the first time the GEMS Act has been reviewed. Anna Collyer, Partner and Head of Innovation at Allens will conduct the review. Ms Collyer has over 20 years of experience in the energy sector and is one of Australia’s top energy lawyers.

The GEMS Act is credited with driving significant energy efficiency improvements and cost savings for households with an economic net benefit of between $870 million and $1.58 billion. It is estimated that the Act will reduce Australia’s emissions by at least 27 mega tonnes.

Consultation will be conducted as part of the review with a range of stakeholders such as industry and consumer groups. State and territory governments, as well as the New Zealand governments will also be consulted during the course of the review. The review will consider changes in appliance and equipment use, emerging technologies, the increasing connectedness of appliances and international best practice regulation. A written report is expected to be completed by mid-2018.

Review terms of reference here.

Read more here.